Wibap CICDissolved
Registered name: WIBAP CIC
Wibap CIC made £1.5k revenue and £576 profit in the year to 30 Jun 2024.
Wibap CIC’s revenue was £1.5k in the year to 30 Jun 2024, with £576 profit and 1 employee. We hold 3 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Nov 2022 | 30 Nov 2023 | 30 Jun 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £2.5k | £3.1k | £1.5k |
| Cost of sales | — | £5.5k | — |
| Gross profit | £2.5k | −£2.4k | £1.5k |
| Operating profit | −£928 | −£3.2k | £576 |
| Profit before tax | −£928 | −£3.2k | £576 |
| Profit after tax | −£928 | −£3.2k | £576 |
| Profit (best available) | −£928 | −£3.2k | £576 |
| Employees (average) | 1 | 1 | 1 |
| Ratios | |||
| Profit margin | −37.1% | −103% | 38.4% |
| Gross margin | 100% | −76.6% | 100% |
| Revenue per employee | £2.5k | £3.1k | £1.5k |
| Profit per employee | −£928 | −£3.2k | £576 |
| Growth (year on year) | |||
| Revenue growth | — | ▲25.1% | — |
| Headcount growth | — | 0% | — |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £2.1k | £432 | — |
| Net assets | £2.1k | −£1.1k | −£507 |
| Fixed assets | £541 | £460 | £392 |
| Current assets | £3.1k | £432 | — |
| Debtors | £1k | — | — |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Aug 2024 |
How the business works
- Profit margin
- 38.4%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.5k
- Revenue ÷ average employees.
- Profit per employee
- £576
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 26.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now −£507
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £392
Sources
Latest figures from FullAccounts for the year to 30 Jun 2024 (profit £576), from the Companies House accounts bulk data published Aug 2024. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.